Production of the all-new Toyota C-HR starts in Turkey, including a PHEV variant using a locally assembled battery

Toyota Motor Europe (TME) has started production of the all-new Toyota C-HR, including its first European battery assembly, at its plant in Sakarya, Turkey. With a new investment of €308 million injected into its manufacturing facilities, Toyota Motor Manufacturing Turkey (TMMT) is Toyota’s first European plant to produce plug-in hybrid vehicles. When first introduced, the…

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SK On and BASF will evaluate opportunities for cooperation in the Li-Ion battery market

BASF and SK On have entered into an agreement to jointly evaluate collaboration opportunities in the global lithium-ion battery market focused on North America and Asia-Pacific. The collaboration brings together strong business and product development capabilities to develop industry-leading battery materials for lithium-ion batteries. BASF and SK On’s initial focus will be evaluating collaboration options…

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Renault Group’s Ampere brand will launch a below €20K EV, will democratize EVs in Europe

Ampere is an autonomous company that designs, engineers, manufactures, and markets electric passenger cars under the Renault brand in Europe. On November 1st, 2023, the establishment of the company was fully completed. It now includes 11,000 employees, of which 35% are engineers, focusing on EV and software technologies. Ampere benefits from strong assets for which…

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National Business Daily report – the first Xiaomi EV will be mass produced as of February 2024

National Business Daily has managed to obtain some information about the current state of affairs and production schedule of Xiaomi’s first EV. According to the news outlet, on November 8th, Xiaomi held a closed-door meeting with partners that’s been highly confidential with no options for official news reports. A few days later, NBD interviewed a…

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